@Christian BarthelemyHi Christian, I'm with an active multifamily investing group looking for 18-50 units (value add plays) in the Houston metro area and I would love added on your deal list.

I have two paths forward to get my first deal done, and I'd love to tap into the collective wisdom of the BP community for feedback.Option 1: Buy my own small multifamily (2-4 units)However, it's been difficult to find actual "deals" and candidly I haven't put in the effort to go all out, with direct mail, digital ads, out of state owners, etc. mostly just working with brokers and looking at the various online sources. 

We addressed the problem for $800 and added $100 to the cash flow there.

You have Repairs listed at 20% so if you are essentially saying vacancy and repairs are 10% each that is fine.If you're getting $1,300/mo on a place you're paying $50,000 for that is good......UNLESS it's in a D or F Neighborhood, in which case the cashflow can look great, but in reality be horrible because of constant tenant turnover and unreliable tenant activities. 

Here's todays ad, cut/paste.https://seks.craigslist.org/apa/d/coffeyville-refinery-workers-furnished/6781882278.html

I have begun looking around at properties.

If you buy now: 1. make sure you have ample cash reserves2. buy for cash flow first and appreciation through added value only. 3.

The Land Trust also offers the added benefit of removing your personal name from the public filing, adding a layer of anonymity to the process.

I once had someone tell me that it was "illegal to say no pit bulls" in my ad.       

Im doing 30k in renovations, adding 650 sf of living space and a bathroom, with a 203k loan.